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Worksheets

Digital Banks

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Which one of the banks is named "World Best Digital Bank" for 2021 by Euromoney?

a)

Citibank

b)

Industrial & Commercial Bank of China

c)

DBS

d)

HSBC

2.

The biggest Digital Bank in the world by valuation (USD25bil) is Nubank based in Sao Paolo, Brazil. How many customers is Nubank serving?

a)

48mil

b)

35mil

c)

30mil

d)

27mil

3.

How many percent share of the country’s RMB 5 trillion (~$700 billion) unsecured consumer loan market in China is owned by digital banks?

a)

8%

b)

5%

c)

3%

d)

1.5%

4.

Which one of these is not a digital bank in Hong Kong?

a)

KaKao Bank

b)

Livi Bank

c)

PAO Bank

d)

Mox Bank

5.

Sea Group’s e-commerce arm Shopee bought a local lender in Indonesia. What is the name of the Bank?

a)

Bank Rakyat Indonesia

b)

Bank Kesejahteraan Ekonomi

c)

Bank Mayora

d)

Bank Oke Indonesia

6.

Which statement is incorrect about digital natives (people born between 1980 and 2012) in Asia?

a)

They are expected to account for 40 to 50 percent of Asia’s consumption by 2030

b)

They tend to use Asian social media platforms, messaging apps, and digital payments providers

c)

They are open to embedded finance propositions such as buy-now-pay-later services

d)

They tend to take on more debt to finance consumption than others

7.

For wealth management, the number of people using robo-advisory services in Asia–Pacific is projected to grow from around 110 million in 2019 to over ___ million in 2024.

a)

450

b)

400

c)

350

d)

300

8.

How many digital bank licenses is BNM planning to give out in Q1, 2022 with an asset threshold of 3 billion ringgit (US$725 million) for the first five years of its operation?

a)

6

b)

5

c)

4

d)

3

9.

How many applications has BNM received for digital bank license?

a)

29

b)

25

c)

21

d)

17

10.

E-wallet volume has increased 89% to 468 million transactions up till June 2021 from one year ago. How many active e-wallets are there in Malaysia?

a)

45

b)

38

c)

31

d)

25

11.

Which e-wallet has launched the DuitNow Transfer function, which allows users to move their money from any internet banking account directly to the eWallet?

a)

Boost

b)

Grab Pay

c)

Shopee Pay

d)

Touch n Go

12.

Which one of these is not a legal platform to buy, sell & trade cryptocurrencies in Malaysia?

a)

Tokenize

b)

Binance

c)

Luno

d)

Sinegy

13.

Which one of these is not under "Buy Now Pay Later" platform available in Malaysia?

a)

RHB Smart instalment

b)

Atome

c)

myIOU

d)

Hoolah

14.

Which bank wins the best digital bank award 2021 in Malaysia by Asiamoney?

a)

RHB Bank

b)

Hong Leong Bank

c)

CIMB Bank

d)

HSBC Bank

15.

According to Malaysia's payment statistics in 2020, which one of these holds the highest volume?

a)

Credit card, debit card & charge card

b)

Internet Banking

c)

E-money

d)

Mobile Banking